Anhui Conch Cement Co Ltd Class A
600585: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.YV | LOCK|<ZT | LOCK|vY&$&@? |
Anhui Conch Cement Earnings: Valuation Cut by 7% Amid Weaker Cement Price Outlook
Anhui Conch Cement's first-quarter revenue and operating profit declined by 10% and 19% year on year, respectively, due to weaker cement selling prices, higher coal costs, and operating deleverage. Operating margin deteriorated to 10.2% from 11.4% a year earlier.
